• Title/Summary/Keyword: Knowledge-Based Data Mining

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An Evolutionary Approach to Inferring Decision Rules from Stock Price Index Predictions of Experts

  • Kim, Myoung-Jong
    • Management Science and Financial Engineering
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    • v.15 no.2
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    • pp.101-118
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    • 2009
  • In quantitative contexts, data mining is widely applied to the prediction of stock prices from financial time-series. However, few studies have examined the potential of data mining for shedding light on the qualitative problem-solving knowledge of experts who make stock price predictions. This paper presents a GA-based data mining approach to characterizing the qualitative knowledge of such experts, based on their observed predictions. This study is the first of its kind in the GA literature. The results indicate that this approach generates rules with higher accuracy and greater coverage than inductive learning methods or neural networks. They also indicate considerable agreement between the GA method and expert problem-solving approaches. Therefore, the proposed method offers a suitable tool for eliciting and representing expert decision rules, and thus constitutes an effective means of predicting the stock price index.

A Data Mining Approach for a Dynamic Development of an Ontology-Based Statistical Information System

  • Mohamed Hachem Kermani;Zizette Boufaida;Amel Lina Bensabbane;Besma Bourezg
    • Journal of Information Science Theory and Practice
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    • v.11 no.2
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    • pp.67-81
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    • 2023
  • This paper presents a dynamic development of an ontology-based statistical information system supporting the collection, storage, processing, analysis, and the presentation of statistical knowledge at the national scale. To accomplish this, we propose a data mining technique to dynamically collect data relating to citizens from publicly available data sources; the collected data will then be structured, classified, categorized, and integrated into an ontology. Moreover, an intelligent platform is proposed in order to generate quantitative and qualitative statistical information based on the knowledge stored in the ontology. The main aims of our proposed system are to digitize administrative tasks and to provide reliable statistical information to governmental, economic, and social actors. The authorities will use the ontology-based statistical information system for strategic decision-making as it easily collects, produces, analyzes, and provides both quantitative and qualitative knowledge that will help to improve the administration and management of national political, social, and economic life.

Temporal Associative Classification based on Calendar Patterns (캘린더 패턴 기반의 시간 연관적 분류 기법)

  • Lee Heon Gyu;Noh Gi Young;Seo Sungbo;Ryu Keun Ho
    • Journal of KIISE:Databases
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    • v.32 no.6
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    • pp.567-584
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    • 2005
  • Temporal data mining, the incorporation of temporal semantics to existing data mining techniques, refers to a set of techniques for discovering implicit and useful temporal knowledge from temporal data. Association rules and classification are applied to various applications which are the typical data mining problems. However, these approaches do not consider temporal attribute and have been pursued for discovering knowledge from static data although a large proportion of data contains temporal dimension. Also, data mining researches from temporal data treat problems for discovering knowledge from data stamped with time point and adding time constraint. Therefore, these do not consider temporal semantics and temporal relationships containing data. This paper suggests that temporal associative classification technique based on temporal class association rules. This temporal classification applies rules discovered by temporal class association rules which extends existing associative classification by containing temporal dimension for generating temporal classification rules. Therefore, this technique can discover more useful knowledge in compared with typical classification techniques.

Data Mining for Knowledge Management in a Health Insurance Domain

  • Chae, Young-Moon;Ho, Seung-Hee;Cho, Kyoung-Won;Lee, Dong-Ha;Ji, Sun-Ha
    • Journal of Intelligence and Information Systems
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    • v.6 no.1
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    • pp.73-82
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    • 2000
  • This study examined the characteristicso f the knowledge discovery and data mining algorithms to demonstrate how they can be used to predict health outcomes and provide policy information for hypertension management using the Korea Medical Insurance Corporation database. Specifically this study validated the predictive power of data mining algorithms by comparing the performance of logistic regression and two decision tree algorithms CHAID (Chi-squared Automatic Interaction Detection) and C5.0 (a variant of C4.5) since logistic regression has assumed a major position in the healthcare field as a method for predicting or classifying health outcomes based on the specific characteristics of each individual case. This comparison was performed using the test set of 4,588 beneficiaries and the training set of 13,689 beneficiaries that were used to develop the models. On the contrary to the previous study CHAID algorithm performed better than logistic regression in predicting hypertension but C5.0 had the lowest predictive power. In addition CHAID algorithm and association rule also provided the segment characteristics for the risk factors that may be used in developing hypertension management programs. This showed that data mining approach can be a useful analytic tool for predicting and classifying health outcomes data.

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Discretization of Continuous Attributes based on Rough Set Theory and SOM (러브집합이론과 SOM을 이용한 연속형 속성의 이산화)

  • Seo Wan-Seok;Kim Jae-Yearn
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.28 no.1
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    • pp.1-7
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    • 2005
  • Data mining is widely used for turning huge amounts of data into useful information and knowledge in the information industry in recent years. When analyzing data set with continuous values in order to gain knowledge utilizing data mining, we often undergo a process called discretization, which divides the attribute's value into intervals. Such intervals from new values for the attribute allow to reduce the size of the data set. In addition, discretization based on rough set theory has the advantage of being easily applied. In this paper, we suggest a discretization algorithm based on Rough Set theory and SOM(Self-Organizing Map) as a means of extracting valuable information from large data set, which can be employed even in the case where there lacks of professional knowledge for the field.

Data Standardization for the Enhanced Utilization of Public Government Data (활용성 제고를 위한 공공데이터 표준화 연구)

  • Kim, Eun Jin;Kim, Minsu;Kim, Hee-Woong
    • Knowledge Management Research
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    • v.20 no.4
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    • pp.23-38
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    • 2019
  • The Korean government has been trying to create new economic value-added and jobs by the openness and utilization of open government data. However, most of open government data has poor utilization rate. Although open government data standardization is a major cause of those inactivation, it is not sufficient to conduct empirical research on open government data itself. Based on this trend, this paper aims to find the priority area for opening data and suggests a realistic directions of standardization of open government data. Text mining and social network analysis approaches are used to analyze open government data and standardization. This research suggests the guides to open government data managers in practical view from selection of data to standardization direction. In addition, this research has academic implications to the knowledge management systems in terms of suggesting standardization direction by using various techniques.

Study of Temporal Data Mining for Transformer Load Pattern Analysis (변압기 부하패턴 분석을 위한 시간 데이터마이닝 연구)

  • Shin, Jin-Ho;Yi, Bong-Jae;Kim, Young-Il;Lee, Heon-Gyu;Ryu, Keun-Ho
    • The Transactions of The Korean Institute of Electrical Engineers
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    • v.57 no.11
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    • pp.1916-1921
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    • 2008
  • This paper presents the temporal classification method based on data mining techniques for discovering knowledge from measured load patterns of distribution transformers. Since the power load patterns have time-varying characteristics and very different patterns according to the hour, time, day and week and so on, it gives rise to the uninformative results if only traditional data mining is used. Therefore, we propose a temporal classification rule for analyzing and forecasting transformer load patterns. The main tasks include the load pattern mining framework and the calendar-based expression using temporal association rule and 3-dimensional cube mining to discover load patterns in multiple time granularities.

A New Approach to Web Data Mining Based on Cloud Computing

  • Zhu, Wenzheng;Lee, Changhoon
    • Journal of Computing Science and Engineering
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    • v.8 no.4
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    • pp.181-186
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    • 2014
  • Web data mining aims at discovering useful knowledge from various Web resources. There is a growing trend among companies, organizations, and individuals alike of gathering information through Web data mining to utilize that information in their best interest. In science, cloud computing is a synonym for distributed computing over a network; cloud computing relies on the sharing of resources to achieve coherence and economies of scale, similar to a utility over a network, and means the ability to run a program or application on many connected computers at the same time. In this paper, we propose a new system framework based on the Hadoop platform to realize the collection of useful information of Web resources. The system framework is based on the Map/Reduce programming model of cloud computing. We propose a new data mining algorithm to be used in this system framework. Finally, we prove the feasibility of this approach by simulation experiment.

Knowledge Mining from Many-valued Triadic Dataset based on Concept Hierarchy (개념계층구조를 기반으로 하는 다치 삼원 데이터집합의 지식 추출)

  • Suk-Hyung Hwang;Young-Ae Jung;Se-Woong Hwang
    • Journal of Platform Technology
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    • v.12 no.3
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    • pp.3-15
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    • 2024
  • Knowledge mining is a research field that applies various techniques such as data modeling, information extraction, analysis, visualization, and result interpretation to find valuable knowledge from diverse large datasets. It plays a crucial role in transforming raw data into useful knowledge across various domains like business, healthcare, and scientific research etc. In this paper, we propose analytical techniques for performing knowledge discovery and data mining from various data by extending the Formal Concept Analysis method. It defines algorithms for representing diverse formats and structures of the data to be analyzed, including models such as many-valued data table data and triadic data table, as well as algorithms for data processing (dyadic scaling and flattening) and the construction of concept hierarchies and the extraction of association rules. The usefulness of the proposed technique is empirically demonstrated by conducting experiments applying the proposed method to public open data.

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Web Recommendation Mechanism Based on Case-Based Reasoning and Web Data Mining

  • Kim, Jin-Sung
    • Proceedings of the Korean Institute of Intelligent Systems Conference
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    • 2002.12a
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    • pp.443-446
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    • 2002
  • In this research, we suggest a Web-based hybrid recommendation mechanism using CBR (Case-Based Reasoning) and web data mining. Data mining is used as an efficient mechanism in reasoning for relationship between goods, customers' preference and future behavior. CBR systems are normally used in problems for which it is difficult to define rules. We use CBR as an AI tool to recommend the similar purchase case. A Web-log data gathered in real-world Internet shopping mall was given to illustrate the quality of the proposed mechanism. The results showed that the CBR and web data mining-based hybrid recommendation mechanism could reflect both association knowledge and purchase information about our former customers.